“The regulation is expected to slightly reduce the competitive advantage of NBFCs against banks and the likelihood of some share of gold loan customers shifting to the unorganised segment can’t be ruled out,” said Shweta Daptardar, VP- institutional equity research, Elara Securities. “The share prices have already reacted today, so the downside is expected to be limited.”
Govt to sell up to 5.04% stake in Cochin Shipyard through OFS. Check details
The government plans to sell up to 5.04% of Cochin Shipyard shares. This offer for sale begins July 7 for institutional investors. Retail investors can